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RNS Number: 8198 I Premier African Minerals Limited 17 August 2021 Premier African Minerals Limited/ Ticker: PREM/ Index: AIM/ Sector: Mining. The...
Premier African Minerals raises GBP1 million in share placing | Financial News
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Investegate announcements from Premier African Min, Placing and Funding of Zulu DFS Drill Programme
Premier African Minerals raises £1mln as it advances Zulu lithium DFS The equity funding supports the company's efforts at Zulu and ensures it can retain 100% of the project. Premier African Minerals Ltd (LON:PREM) raised £1mln in a share placing as it continues to progress a definitive feasibility study (DFS) for the Zulu lithium project in Zimbabwe. The company is issuing 625mln new shares priced at 0.16p each, which according to the company chief executive George Roach marks only a nominal dilution and “a small price to pay” to retain a 100% interest in Zulu. "The detailed planning, ...